Category Archives:
US announces $1 billion in funding for critical minerals, materials sectors
(Reuters) -The Trump administration will make available $1 billion in funding to accelerate the growth of the U.S. critical minerals and materials sectors, the Energy Department said in a statement on...
Thomson Reuters Aug 13, 2025
Fed can wait to adjust policy because job market is near full employment, Bostic says
(Reuters) -Atlanta Federal Reserve President Raphael Bostic on Wednesday said a U.S. job market holding near full employment offers the central bank the "luxury" of being able to avoid rushing to make...
Thomson Reuters Aug 13, 2025
Crude oil flows on Enterprise's Texas Seaway pipeline fall, leak reported
By Nicole Jao and Arathy Somasekhar NEW YORK (Reuters) -Crude oil flows on the Seaway pipeline in Texas fell on Wednesday, four sources said, as the pipeline's operator reported a leak on the system t...
Thomson Reuters Aug 13, 2025
Fed grappling with impact of tariffs as it ponders rate decisions, Goolsbee says
(Reuters) -Chicago Federal Reserve President Austan Goolsbee said on Wednesday the U.S. central bank is grappling with understanding whether tariffs will push up inflation just temporarily or more per...
Thomson Reuters Aug 13, 2025
US container imports may have peaked in July, chief of busiest seaport says
By Lisa Baertlein LOS ANGELES (Reuters) -Ocean imports to the United States may have peaked in July after retailers raced to bring in goods from China and elsewhere to avoid potentially hefty tariffs ...
Thomson Reuters Aug 13, 2025
Tapestry quarterly revenue likely rose 5.5% as Coach bags drew young shoppers
By Samantha Marshak -Tapestry kept up a brisk pace of sales in the April-June quarter, with revenue likely growing 5.5%, thanks to growing demand for its stylish handbags that are more affordable than...
Thomson Reuters Aug 13, 2025
Bank of Canada divided on impact of monetary policy given tariffs, say minutes
By Promit Mukherjee and David Ljunggren OTTAWA, Aug 13 (Reuters) - Ahead of the Bank of Canada's July 30 interest rate decision, governors were divided on how much monetary policy could aid growth und...
Thomson Reuters Aug 13, 2025
US issues sanctions against Mexican cartel fraud scheme in Puerto Vallarta
(Reuters) -The U.S. government imposed sanctions on Wednesday on individuals and companies based in or near Puerto Vallarta accused of running timeshare fraud schemes on behalf of Mexico-based Jalisco...
Thomson Reuters Aug 13, 2025
S&P 500, Nasdaq hover near record highs on September rate cut hopes
By Johann M Cherian and Sanchayaita Roy (Reuters) - The benchmark S&P 500 and the Nasdaq hovered near record highs on Wednesday as investors were increasingly confident that the Federal Reserve could ...
Thomson Reuters Aug 13, 2025
Trump says he will name new Fed chair 'a little bit earlier'
WASHINGTON (Reuters) -U.S. President Donald Trump on Wednesday said he had narrowed down his pick for the next Federal Reserve chair to three or four names and would make the names public "a little bi...
Thomson Reuters Aug 13, 2025

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